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21 Jun 2016
USD/CNY fix model: Projection at 6.5769 - Nomura
Nomura's model projects the fix to be 61 pips higher than the previous fix (6.5769 from 6.5708) and 23 pips lower than the previous official spot USD/CNY close of 6.5792. The basket implied change is 34 pips lower than the previous official spot USD/CNY close (6.5758 from 6.5792), Nomura adds.